Benefits in Belarus Hi-Tech Park

Residents of Hi-Tech Park are exempt from the following dues and taxes:

• Dues and taxes to the state budget and non-budgetary funds;
• Income tax;
• Value added tax;
• Customs dues and VAT when the residents import hardware, firmware necessary for their activities in the Hi-Tech Park

• For foreign legal entities without a permanent Belarusian representative office the rate of income tax on the dividends, debts, royalty and licenses paid by the residents of Hi-Tech Park is 5% in case no other, more beneficial privileges are stipulated by international agreements of the Republic of Belarus;
• Individual income tax for Hi-Tech Park residents' employees has a fixed rate of 9% from the salary received.

Non-Residence Opportunities

Non-residents of Hi-Tech Park can also take advantage of the benefits adopted for Hi-Tech Park residents. For this non- residents need to register their business project in Hi-Tech Park. In case the goals of the business project comply with the park priority activities, the non-resident can benefit from the above-mentioned preferences while the business project is implemented.

Benefits for Construction Within Hi-Tech Park Territory

Investors who intend to invest in the Hi-Tech Park infrastructure and construction of buildings will be exempt from:

• Land taxes for the period of construction;
• Real estate tax;
• Payments for shared participation in the city infrastructure development;
• Compensation to the city administration for the available engineering and social infrastructure.

The increasing coefficient for the land tax levied in Minsk will not be applied to the buildings constructed within Hi-Tech Park.